The S&P Global France Manufacturing PMI fell to 49.3 in October 2026 from 50.6 in September, slipping back into contraction after two months of expansion and reaching an 11-month low, preliminary estimates showed. The reading also came below market expectations of 50.5, as the manufacturing output index declined to 48.5 from 50.3, signaling a renewed contraction in production. Weaker demand and heightened economic uncertainty weighed on activity, while worsening supply-chain conditions drove manufacturing price pressures higher.